Fitcrew Income Statement

Financials in millions JPY. Fiscal year is December - November.

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023
Revenue	2,920	2,454	1,768
Revenue Growth (YoY)	18.99%	38.80%	-
Cost of Revenue	1,760	1,546	1,145
Gross Profit	1,160	908	623
Selling, General & Admin	882	794	545
Operating Expenses	886	794	545
Operating Income	274	114	78
Interest Expense	-7	-6	-3
Other Non Operating Income (Expenses)	-1	2	3
EBT Excluding Unusual Items	266	110	78
Gain (Loss) on Sale of Assets	-	-20	-
Asset Writedown	-13	-2	-
Other Unusual Items	-	-1	-
Pretax Income	253	87	78
Income Tax Expense	4	43	45
Net Income	249	44	33
Net Income to Common	249	44	33
Net Income Growth	465.91%	33.33%	-
Shares Outstanding (Basic)	1	1	1
Shares Outstanding (Diluted)	1	1	1
Shares Change (YoY)	-1.53%	0.82%	-
EPS (Basic)	263.36	45.82	34.65
EPS (Diluted)	263.36	45.82	34.65
EPS Growth	474.71%	32.25%	-
Free Cash Flow	-97	-	-
Free Cash Flow Per Share	-102.59	-	-
Gross Margin	39.73%	37.00%	35.24%
Operating Margin	9.38%	4.64%	4.41%
Profit Margin	8.53%	1.79%	1.87%
Free Cash Flow Margin	-3.32%	-	-
EBITDA	352	-	-
EBITDA Margin	12.05%	-	-
D&A For EBITDA	78	-	-
EBIT	274	114	78
EBIT Margin	9.38%	4.64%	4.41%
Effective Tax Rate	1.58%	49.43%	57.69%
Advertising Expenses	515	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.